It should trade higher to 0.7443 while 0.7406 or 0.7396 offers support. Stop loss below 0.7386 zone.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point0.7451
  • Entry Point0.7403
  • Trendline 10.7368
  • Trendline 20.7376
  • Elliott0.7361
  • Closing0.7424
  • Ex-Low0.7368
  • Ex-High0.7425
  • Projection0.7484

Supports and Resistance levels

  • Support 10.7386
  • Support 20.7349
  • Resistance 10.7443
  • Resistance 20.7463
  • Pivot0.7406

Current upmove should be ended around 0.7454 - 0.7485. Any correction consolidation should find support in 0.7392 - 0.7362 zone.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point0.7434
  • Entry Point0.7410
  • Trendline 10.7361
  • Trendline 20.7410
  • Elliott0.7311
  • Closing0.7424
  • Ex-Low0.7361
  • Ex-High0.7484
  • Projection0.7537

Supports and Resistance levels

  • Support 10.7362
  • Support 20.7300
  • Resistance 10.7485
  • Resistance 20.7546
  • Pivot0.7423

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Technical Forecast

  • Elliott Wave

    common flat resistance in downtrend

Key Points

  • Key Point-39.8988
  • Entry Point-39.8851
  • Trendline 10.7676
  • Trendline 2-80.5103
  • Elliott82.0456
  • Closing0.7406
  • Ex-Low0.7325
  • Ex-High0.7676
  • Projection-49.4904

Supports and Resistance levels

  • Support 10.7261
  • Support 20.7117
  • Resistance 10.7613
  • Resistance 20.7821
  • Pivot0.7469